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Mace and Bowen are partners and share equally in income or loss. Mace's current capital balance is $150,000 and Bowen's is $132,50O. Mace and Bowen
Mace and Bowen are partners and share equally in income or loss. Mace's current capital balance is $150,000 and Bowen's is $132,50O. Mace and Bowen agree to accept Kent with a 30% interest in the partnership. Kent invests $130,000 in the partnership. The amount credited to Kent's capital 68 account is: Skipped Multiple Choice $130,000. $156,250. $123,750 $132,500. $108,750
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